Binance, the world’s largest crypto exchange, has burned over 1.26 billion Terra Classic (LUNC) tokens in the fifth batch of Binance burn mechanism on trading fees. It is the first burn after passing ...
Tag: Burn
Stats explained: Ethereum’s issuance and burn stats since the merge
When Ethereum was first launched in July 2015, all its transactions, smart contracts, and accounts were held through the Proof-of-work system. PoW adds new data and transactions to the blockchain but ...
SHIB Burn Rate Spikes 1,720% After Shiba Inu Price Cools Down
Gamza Khanzadaev Shiba Inu burning shows multi-directional performance during SHIB’s wild price rise The recent rise in SHIB quotations has triggered changes to the cryptocurrency’s burn r...
Dogechain Shares 80% DC Supply Burn Proof
– Advertisement – Dogechain finally burns 80% of its total supply. Leading meme-based cryptocurrency Dogechain has shared proof of transaction showing that its team has successfully burn...
SHIB Burn Rate Climbs by 443% As Price Reaches Six-week High
Per the Shibburn website, the burn rate of Shiba Inu has increased by 443%. However, only 14,089,818 SHIB have been burned in the last 24 hours. Shiba Inu (SHIB) continued its journey upward, reaching...
Terra Rebels Launches Its First DApp On Terra Classic That Could Help Burn More LUNC
– Advertisement – The Terra Rebels have launched a DApp on the Terra Classic network. In a tweet today, the Terra Rebels announced that it had launched a lottery game on the Terra Classic ...
LUNA Tax Burn Now Supported by Bitfinex: Details
Yuri Molchan Bitfinex has resumed operations for depositing and withdrawing LUNA, beginning to support LUNA tax burn system Disclaimer: The opinion expressed here is not investment advice – it is prov...
Uniglo.io Forecasted To Burn More Supply Than Binance Coin And Shiba Inu In October
Burn mechanics are essential in the crypto world. They help eliminate issues associated with fiat currencies by removing tokens from supply. This helps increase scarcity and decrease the risks of infl...
Vote Passed, Dogechain to Burn 800B Tokens, DC Spikes 43%
– Advertisement – Dogechain will burn the tokens on October 31. Dogechain (DC) has confirmed that it will burn 80% of its total unreleased supply in a few days. The team behind Dogechain s...
Merit Circle Set To Burn $147 Million Worth Of MC Tokens
In a new development, the prominent player in gaming and metaverse, Merit Circle, is moving to sustain its value, The DAO voted to burn all MC tokens left in its Community Incentives wallet. This proc...
CoinInn Sticking To Terra Classic 1.2% Burn On Trading Launches Poll To Reduce It
– Advertisement – CoinInn Launches a Poll to Determine Whether Terra Classic (LUNC) Off-Chain Burn Rate Should be Reduced to 0.2%. CoinInn has launched a public poll, asking the LUNC com...
Merit Circle hugely reduces supply with 200 million token burn
Merit Circle has announced that 200 million tokens that would have been burned over years will now be burned immediately. Gaming DAO Merit Circle has announced that a vote recently taken by community ...
New Proposal Wants To Burn 80% Of Dogechain (DC) Supply, Community Responds
Dogechain (DC) has been incredibly popular among the meme coin community which has welcomed it with open arms. The native token has also done well considering that it launched during a bear market but...
Merit Circle Votes to Burn 200 Million MC Tokens Worth $147 Million
Gaming and metaverse DAO giant Merit Circle voted to burn all remaining tokens left in the Community Incentives wallet as a way to reduce the total supply. The project has been carrying out monthly to...
Dogechain All Set To Burn 80% Of DC Total Supply
– Advertisement – Dogechain community members support a proposal to burn 80% of the token’s total supply. An ongoing proposal to burn 80% of Dogechain’s (DC) total supply has reached its t...
Shiba Inu Community Ramps Up Burn, Is SHIB Ready For A Rebound?
The Shiba Inu (SHIB) community has been burning tokens for a while now. This burn is in an effort to reduce the supply of the meme coin, thereby increasing its value. There have been times where the b...
Dogechain’s Native Token $DC Soars Over 400% on Historic Burn News
On Friday, Dogechain, the community-driven layer 2 for DOGE, announced their idea to burn up to 80% of their native DC token live on their weekly Twitter spaces. Core contributor and industry heavywei...
Shiba Inu Burn Rate Has Just Spiked By An Impressive 1,860%
Shiba Inu, a cryptocurrency that is a spin-off of dog-themed crypto Dogecoin, is counting on massive token burning rates to stop its decline. Over the last 24 hours, over 45 million SHIB Tokens were b...
Shiba Inu [SHIB]: Why investors should closely watch the latest burn reaction
Contrary to its recent trend, Shiba Inu’s [SHIB] burn rate spiked incredibly by 1858% in the last 24 hours. According to Shibburn‘s data, the hike pushed the total SHIB burned within the period to a f...
Allnodes and LUNCDAO Respectively Burn 30M and 22M Terra Classic (LUNC)
– Advertisement – The community is doing its best to burn Terra Classic (LUNC). The LUNC burn initiative remains on track, with Allnodes and LUNCDAO burning 30.4M and 22.2M tokens today. T...
SHIB Burn Rate Suddenly Jumps 1,494%, Here’s Likely Explanation
Yuri Molchan Burn rate of Shiba Inu has accelerated tremendously, adding nearly 1,500% Per data provided by the Shibburn website, which tracks all SHIB burn transactions, the burn rate of this meme co...
The luna (Terra) burn tracker
Luna Classic, Terra Classic’s cryptocurrency, has a token burn program, with progress viewable on several trackers, that aims to reduce circulating supply on a regular basis. Right now, according to ...
Shiba Inu Burn Rate Up 1493% For Last 24 Hours, While Only 147M Shib Burnt Past Week
– Advertisement – Over 147.59 Million Shiba Inu (SHIB) burned within the past week, 45.16 Million in the past 24 Hours, and 37.84 Million in one significant transaction. SHIB burn rate d...
Tron (TRX) and Shiba Inu (SHIB) Step up Burn Rates
Tron (TRX) and Shiba Inu (SHIB) are changing the narrative of their meme coin status by stepping up their burn rates. The Tron (TRX) price and Shiba Inu (SHIB) price remain unaffected and we look at w...
Terra Classic On-Chain Volume Surge While Burn Volume Plunge
Terra classic (LUNC) is seeing no signs of bull run as LUNC price was once again rejected recently at a resistance of $0.000251. The current bearish pattern of Terra Classic has been seen since Septem...
LUNC On-Chain Trnx Vol Doubles After Burn Tax Approval
The Terra LUNA classic (LUNC) community agreed over the 5234 proposals to reduce the tax burn for on-chain transactions for the LUNC and USTC. The tax is now decreased from 1.2% to 0.2%. Many major cr...
Terra Classic On-Chain Volume Doubles Following 0.2% Burn
– Advertisement – The 0.2% tax parameter change appears to have achieved the desired effect of increasing volumes, but there’s a catch. On-Chain volume on the Terra Luna Classic (LUNC) net...
Top Exchanges Accepts To Reduce Terra Classic (LUNC) Tax Burn
The Terra LUNA classic (LUNC) community recently passed proposal 5234 which aims to reduce the tax burn for on-chain transactions for the LUNC token and is meant to be stablecoin USTC on Terra classic...
Exchanges Reduce Terra Classic (LUNC) Burn Tax Rate
Exchanges Reduce Terra Classic (LUNC) Burn Tax RateTop Cryptocurrency Exchanges Support LUNC BurnOctober 20, 2022Three cryptocurrency exchanges have announced to implementation of Terra Classic’...
Terra Classic developers lower ‘burn tax’ rate in bid to revive on-chain activity
The Terra Classic blockchain contributors have reduced the so-called burn tax levied on all Terra Classic token (LUNC) transactions. \n The contributors adjusted the tax rate from 1.2% down to 0.2%, d...
Terra Classic UST Spike 12% As 0.2% Tax Burn Goes Live
The Terra community has been striving hard to regain the trust of the trading and investing market participants ever since the asset crashed in May earlier this year. Now, Terra’s new chain Terra Cla...
Crypto.Com, OKX And Kucoin Follow Binance To Reduce Terra Classic (LUNC) Tax Burn
– Advertisement – Three Top Exchanges Follow Binance to Reduce Terra Classic (LUNC) Tax Burn From 1.2% to 0.2%. More exchanges declare support for Terra Classic tax burn reduction. Three c...